1+1 ARCHITECTS AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, slipped into loss
approved 2019-04-17; registry 2019-06-20; journal 2019 491043
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1+1 ARCHITECTS AS. Revenue 908.7k NOK → 908 NOK (-99.9%). Net result +20.5k NOK → -80.8k NOK. Equity 181.1k NOK → 100.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.56m NOK → 3 557 NOK (392% → 392% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 908.7k NOK to 908 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +41.3k NOK → -80.8k NOK (op. margin 4.5% → -8903.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 20.5k NOK profit to a loss of 80.8k NOK. Calculated
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↓
Equity eroded
Book equity 181.1k NOK → 100.3k NOK (equity ratio 57.3% → 64.2%). Calculated
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↓
Cash fell
Bank deposits 213.2k NOK → 110.1k NOK (-48.4% YoY). Calculated